Which statement is true describing the U.S. overall unemployment rate in recent years?
A) The unemployment rate has steadily increased from a low of 3% in 2001 to more than 14% in 2014.
B) The unemployment rate rose from 10% to 16% during the recession and now has returned to 14%.
C) For most of the 2000s, the unemployment rate has remained around 10%.
D) The unemployment rate rose to more than 9% during the recession and recently has returned to a rate of 4% in 2019.
Correct Answer:
Verified
Q15: What is the difference between the national
Q16: Inflation is measured by the _.
A) balance
Q17: The name of the agency that compiles
Q18: The name for the federal agency that
Q19: As a part of the federal budgeting
Q21: How has the nature of U.S. jobs
Q22: _ is critical to all other areas
Q23: Which of the following economic policy concerns
Q24: A CPI between _% and _% is
Q25: Social Security, Medicare, and Medicaid are examples
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents